Homeowners in Florida could soon see major property-tax relief. A batch of eight bills has been introduced by Republican lawmakers, aimed at eliminating or significantly reducing non-school homestead property taxes. One of the key proposals would exempt homeowners aged 65 and older from paying non-school homestead taxes. For sellers, especially those in high-value coastal areas, the prospect of lower ongoing property taxes could become a selling point: less tax burden means more value retention. For buyers, especially retirees or those buying second homes, these changes might shift timing decisions and upgrade potential. Because Florida’s home markets (including from Tampa down to Naples) are influenced by migration, retirement buying and lifestyle considerations, getting ahead of this tax-relief conversation could offer strategic advantages.
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